The Best Cyprus Community

Skip to content


Living in the RoC or the North

Feel free to talk about anything that you want.

Living in the RoC or the North

Postby Lordo » Wed Jul 19, 2023 1:51 pm

Am I right thinking that if I earn money as self employed anywhere in the world, I can have 19,500 paid into a bank account without being taxed in the RoC? And I gather up to 28K I am liable for 20% tax right?
Is there insurance to be paid? if so does anybody know what percentage
Any idea which bank is a safe bank for Sterling account?
There must be bank charges of course if the money is coming out of the country, especially if it is out of EU.

Does anybody know how much the bank charges are?
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 21506
Joined: Wed Oct 05, 2011 2:13 pm
Location: From the river to the sea, Palestine will be free. Walk on Swine walk on

Re: Living in the RoC or the North

Postby Londonrake » Wed Jul 19, 2023 2:05 pm

Lordo wrote:Am I right thinking that if I earn money as self employed anywhere in the world, I can have 19,500 paid into a bank account without being taxed in the RoC? And I gather up to 28K I am liable for 20% tax right?


https://taxsummaries.pwc.com/cyprus/ind ... nal-income
Londonrake
Main Contributor
Main Contributor
 
Posts: 5787
Joined: Tue Dec 29, 2015 6:19 pm
Location: ROC

Re: Living in the RoC or the North

Postby Lordo » Wed Jul 19, 2023 5:37 pm

Thanks for that ol man. Just what the doctor has ordered.
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 21506
Joined: Wed Oct 05, 2011 2:13 pm
Location: From the river to the sea, Palestine will be free. Walk on Swine walk on

Re: Living in the RoC or the North

Postby Londonrake » Wed Jul 19, 2023 6:06 pm

Lordo wrote:Thanks for that ol man. Just what the doctor has ordered.


Mate - if you're thinking of upping sticks and moving out here to Paradise I will start a Forum Crowd Funding effort to help with all your expenses. :lol: :lol: :lol:

:wink:
Londonrake
Main Contributor
Main Contributor
 
Posts: 5787
Joined: Tue Dec 29, 2015 6:19 pm
Location: ROC


Return to General Chat

Who is online

Users browsing this forum: No registered users and 0 guests